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Europe

The European Union registered a trade in goods surplus of €147 billion last year, a €113 billion increase on the previous year (€34 billion), new data from Eurostat has revealed.
  • Europe

European Union registered a €147bn trade surplus last year

1 year ago1 year ago3 mins

The European Union registered a trade in goods surplus of €147 billion last year, a €113 billion increase on the…

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Europe is experiencing a significant shift in how businesses and consumers pay for items and services, with emerging technologies, new regulations, and a shift toward digital payments reshaping the market, according to a new report by zeb consulting.
  • Europe

Europe’s payment landscape facing a ‘turning point’, study suggests

1 year ago1 year ago3 mins

Europe is experiencing a significant shift in how businesses and consumers pay for items and services, with emerging technologies, new…

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The United States is by far the biggest supplier of liquefied natural gas to the European Union, accounting for 45.3% of EU imports in 2024, well ahead of Russia (17.5%) and Algeria (10.7%).
  • Europe

U.S. a major supplier of LNG and petroleum oil to Europe

1 year ago1 year ago2 mins

The United States is by far the biggest supplier of liquefied natural gas to the European Union, accounting for 45.3%…

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Croatia reported the biggest increase in hourly labour costs in the EU in the fourth quarter of last year, with an increase of 13.9% compared to the same quarter the previous year.
  • Croatia
  • Europe

What EU country reported the highest increase in hourly labour costs in Q4 2024?

1 year ago1 year ago2 mins

Croatia reported the biggest increase in hourly labour costs in the European Union in the fourth quarter of last year,…

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The European Union had a €5.4 billion trade deficit with the rest of the world in January 2025, compared to a €6.7 surplus in January 2024.
  • Europe

The EU had a €5.4 billion trade deficit with the rest of the world in January

1 year ago1 year ago3 mins

The European Union had a €5.4 billion trade deficit with the rest of the world in January 2025, compared to…

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Hungary reported the highest annual inflation rate in the European Union in February 2025, at 5.7%, new data from Eurostat has revealed.
  • Europe
  • Hungary

What EU country reported the highest annual inflation rate in February 2025?

1 year ago1 year ago2 mins

Hungary reported the highest annual inflation rate in the European Union in February 2025, at 5.7%. Other countries to report…

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Some 27.4% of cultural enterprises in the European Union fall under the creative, arts and entertainment activities sector, new data from Eurostat has found.
  • Europe

More than a quarter of cultural enterprises in the EU are in the creative, arts and entertainment sector

1 year ago1 year ago3 mins

Some 27.4% of cultural enterprises in the European Union fall under the creative, arts and entertainment activities sector, new data…

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The net domestic energy use across the European Union in 2022 was 4.2% lower than the previous year, according to new data from Eurostat.
  • Europe

Energy use across the European Union declined in 2022

1 year ago1 year ago2 mins

The net domestic energy use across the European Union in 2022 was 4.2% lower than the previous year, according to…

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Malta boasted the highest employment rate in the European Union in the fourth quarter of 2024, with 84.1% of all people aged between 20 and 64 employed.
  • Europe
  • Malta

What EU country boasted the highest employment rate as of Q4 2024?

1 year ago1 year ago2 mins

Malta boasted the highest employment rate in the European Union in the fourth quarter of 2024, with 84.1% of all…

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The latest industrial production data for the European Union indicates that industrial activity "may be stabilising" in the bloc, following a decline that has persisted since 2023, ING has said.
  • Europe

Industrial production in the EU ‘may be stabilising’, ING says

1 year ago1 year ago3 mins

The latest industrial production data for the European Union indicates that industrial activity “may be stabilising” in the bloc, following…

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EUROPE NEWS

  • Europe’s aquaculture sector was worth €4.6 billion in 2024, produced one million tonnes
  • More than 80% of EU citizens have engaged with public services at least once in the previous year
  • European Commission launches ‘AccelerateEU’ initiative to protect citizens from energy crisis
  • Young Europeans turning to self-employment to make a living
  • Fuel prices rose by 12.9% on average across the European Union in March
  • EU unveils first Action Plan under the Pact for the Mediterranean
  • European Union population expected to decline by 11.7% by the end of the century
  • Romania reported the highest annual inflation rate in the euro area in March, of 9.0%

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